Multifamily and Storage Rental Income Producing Property in Fountain Inn, SC
113 Weathers Dr
Fountain Inn, SC 29644
Description
2 3x2 Single Wide Mobile Homes
924 sf Storage Unit
0% Vacancy
$32,400.00 GOI
Below Average Expense Ratio
8.13% Cap Rate
113 Weathers Drive is an income producing property featuring three rentals. These two single wide mobile homes and storage unit make this an ideal Mobile Home / Self Storage investment only a 30 minute ride due south of Greenville, SC, Simpsonville, SC; Fountain Inn, SC; and Gray Court, SC are several rapidly expanding suburban metro centers along the I-385 corridor of the Upstate. Though it is relatively close in proximity to the Reedy River and a few tributary streams, there are no wetlands or flood plains recorded on the parcel. A Greenville County Storm Water Fee totaling $22.80 and $455.52 are the only expenses currently incurred by present ownership, with GPI totaling $2500.00 per month.
